R&Q Insurance coverage confirms retirement of co-founder

R&Q Insurance coverage Holdings co-founder Alan Quilter, who was chief government till early 2023 earlier than serving as group head of program administration, has left his submit as deliberate.

In a London Inventory Trade submitting, the non-life world specialty insurance coverage firm mentioned: “R&Q confirms Alan has retired and stood down from the board on December 31, 2023. As additionally beforehand introduced, Alan will keep on in an advisory capability for a time period.”

Quilter took cost of program administration final 12 months when Jeffrey Hayman grew to become non-executive chair whereas William Spiegel assumed the group CEO place. The ex-chief government’s deliberate retirement on the finish of 2023 was made public then.   

“On behalf of the board, and everybody at R&Q, I wish to thank Alan for the whole lot he has contributed,” Hayman mentioned in this week’s launch. “It’s over 30 years since Alan co-founded R&Q, and he has been instrumental within the group’s historical past.

“Throughout his tenure at R&Q, Alan has held a variety of roles, together with CFO and CEO. Extra lately, he has been central within the profitable development of Accredited because it developed into a number one world program supervisor.

“I additionally know that many previous and current staff have benefited from Alan’s mentorship and collaborative management model. We want him the easiest in his well-deserved retirement.”

Final October, R&Q introduced the sale of Accredited to non-public fairness platform Onex Companions.    

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